SOFECOR: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SOFECOR
Largest movements
- Cash +€11,020
up €11,020 (+154%), from €7,173 to €18,194
mainly Net result for the year (+€10,821) and Depreciation (+€150)
- Profit (loss) carried forward +€10,821
up €10,821 (+4.7%), from €231,864 to €242,685
- Gross operating margin -€3,646
down €3,646 (-24.1%), from €15,123 to €11,477
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €698,488 | €709,309 | +€10,821 | +1.5% |
| Fixed assets | 21/28 | €689,815 | €689,666 | -€150 | 0.0% |
| Tangible fixed assets | 22/27 | €299 | €150 | -€150 | -50.0% |
| Other tangible fixed assets | 26 | €299 | €150 | -€150 | -50.0% |
| Financial fixed assets | 28 | €689,516 | €689,516 | = | 0.0% |
| Current assets | 29/58 | €8,673 | €19,644 | +€10,970 | +126% |
| Amounts receivable within one year | 40/41 | €1,500 | €1,450 | -€50 | -3.3% |
| Other amounts receivable | 41 | €1,500 | €1,450 | -€50 | -3.3% |
| Cash at bank and in hand | 54/58 | €7,173 | €18,194 | +€11,020 | +154% |
| Total equity and liabilities | 10/49 | €698,488 | €709,309 | +€10,821 | +1.5% |
| Equity | 10/15 | €698,488 | €709,309 | +€10,821 | +1.5% |
| Contributions | 10/11 | €451,670 | €451,670 | = | 0.0% |
| Reserves | 13 | €14,955 | €14,955 | = | 0.0% |
| Distributable reserves | 133 | €14,955 | €14,955 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,864 | €242,685 | +€10,821 | +4.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €64 | - | -€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150 | €150 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €15,123 | €11,477 | -€3,646 | -24.1% |
| Operating profit (loss) | 9901 | €14,586 | €10,928 | -€3,658 | -25.1% |
| Financial income | 75/76B | €86 | €47 | -€38 | -44.9% |
| Recurring financial income | 75 | €86 | €47 | -€38 | -44.9% |
| Financial charges | 65/66B | €105 | €140 | +€35 | +33.3% |
| Recurring financial charges | 65 | €105 | €140 | +€35 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €14,566 | €10,835 | -€3,731 | -25.6% |
| Income taxes | 67/77 | €26 | €14 | -€12 | -44.9% |
| Profit (loss) for the period | 9904 | €14,541 | €10,821 | -€3,720 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,541 | €10,821 | -€3,720 | -25.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.